Zoom Zoom Grocery
Zoom Zoom Grocery is a convenience retailer located in Wichita Falls, Texas, classified under the NAICS industry code for convenience retailers. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $689,000, approved by Metro City Bank with an approval date of August 25, 2026.
SBA 7(a) loan, change of ownership, approved Aug 25, 2026
$689,000 approvedLender: Metro City Bank25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $689,000
- SBA-guaranteed amount
- $516,750 (75% of the approval)
- Lender
- Metro City Bank, Doraville, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- August 25, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $5,318 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 445131, Convenience Retailers
- Project location
- Wichita County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-13
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 27% of acquisition loans in Convenience Retailers on this site.
- Average acquisition loan in Convenience Retailers: $1,185,102.
- Average acquisition loan in Texas: $1,944,682.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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